Myth Busted: Income Tax Dept Not Tracking Your Online Activities, Only High-Value Transactions
Personal Finance
M
Moneycontrol•06-01-2026, 17:36
Myth Busted: Income Tax Dept Not Tracking Your Online Activities, Only High-Value Transactions
- •PIB Fact Check debunked viral social media claims about ITD tracking emails, social media, online shopping, and digital payments.
- •Income Tax Department (ITD) explicitly states it does NOT monitor personal digital activities or spending behavior.
- •ITD receives information only through statutory disclosures like Form SFT for high-value financial transactions.
- •Tracked transactions include cash deposits/withdrawals above specified limits, credit card payments, and property deals.
- •Discrepancies in reported high-value transactions linked to PANs can lead to scrutiny, but proper justification can resolve issues.
Why It Matters: ITD tracks only high-value financial transactions, not personal digital activities, as clarified by PIB Fact Check.
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